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Having a Professional File Your Taxes? Here's Who's Responsible ff They Mess Up
Having a professional handle your return is typically done to help you avoid mistakes, but they can still happen and you ...
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Here’s how Illinois residents can claim $44M in unclaimed tax refunds
The IRS estimates that over $1 billion in unclaimed tax return refunds are owed to over 1.1 million people, with an average ...
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PSA: Procrastinating on Your Taxes Can Make Filing More Expensive. Here's Why
A little-known open secret that I've learned as a tax editor is that the early weeks of tax season are also when taxpayers ...
Don’t Make These Five Mistakes on Your Tax Return
Here are some common tax errors you should avoid on your current tax return. ITINs are 9-digit numbers issued by the IRS to taxpayers that don’t have a SSN for U.S. federal tax purposes. If you do not ...
Time is running out for thousands in California to claim $92 million in 2021 tax refunds
Over 1.1 million people have unclaimed federal income tax refunds from 2021, which are in jeopardy of becoming government property if not claimed soon, with a median return of $781 and potential ...
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2 in 3 Americans Can’t Identify the Top Income Tax Rate
Key Points A new survey reveals that Americans lack basic knowledge about taxes. It’s important to know how tax rates work.
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Aged 60 to 63 With a 401(k)? Here's How New Contribution Rules Could Impact Your Retirement Savings
The IRS now allows a narrow, specific window for accelerated catch-up contributions. Between the ages of 60 and 63, you can ...